A stock or cryptocurrency option is a contract that gives you the choice to buy or sell an asset at a specified price without putting you under any obligation to do so. European options can only be exercised on a specific expiration date, whereas American options grant that right within a specific timeframe.
Unlike traditional options, which give the right to buy or sell an asset at a later time, crypto options are derivative instruments that enable trading on the price fluctuations of the underlying cryptocurrency asset without the need to actually own the cryptocurrency asset. Depending on where it was trading when the Crypto Option contract was activated, you will either gain or lose money when trading Crypto Options based on the difference between the opening and closing price of the position.
Why Should I Trade Crypto Options with Stormgain?
StormGain enables new traders to get started with a straightforward user interface, educational videos, and trading signals. Speculation is a perfectly acceptable tactic for seeking a sizable gain quickly while being willing to assume a greater risk. This is a different strategy from that of a long-term investor, and cryptocurrency options might be a useful weapon in a speculator's toolbox.
Can I hedge with Crypto Options?
You can, By enabling you to maintain the relative value of your investment in the underlying asset while minimizing loss when the market moves against your "put" or "call" positions, crypto options help to hedge your portfolio. Even better, trading cryptocurrency options enables you to keep your cryptocurrency asset without actually trading it and still profit if the price increases or decreases by purchasing a put or call option depending on your bias over a specific time period.
Make More Profit From Trading Crypto Options
By their very nature, crypto options are more volatile than the underlying crypto assets because of the higher impulse movements. You have a greater chance of earning enormous returns when trading cryptocurrencies in addition to traditional options than when trading traditional options alone.
Traditional cryptocurrencies are also prone to protracted price consolidations, which makes trading them during those times relatively less profitable. You can make more money by trading the more erratic Crypto Options during these times.
Start Trading Today, No KYC! StormGain.com For creating a StormGain account, receive 3USDT credited to your Cryptominer account.
More Articles Below
PrimeXBT Mobile App
Mastering Crypto Leverage Trading in 7 Steps
Advice on How to Avoid Liquidation Trading with Leverage
%20BBB.png)
